Why is RDB Real Estate falling/rising?

As of 11-Jun, RDB Real Estate Construction Ltd's stock price is currently at 149.85, reflecting an increase of 2.9 or 1.97%. The stock has recently hit a new 52-week and all-time high, and it has been on a consecutive gain streak for the last 21 days, resulting in a substantial return of 51.32% during this period. However, despite this positive price movement, the company faces significant challenges, including operating losses and a high debt-to-equity ratio of 3.83 times, which indicates weak long-term fundamental strength. The company's profitability is also concerning, with a return on capital employed of only 3.92% and a recent PAT of -3.39 crore, which has fallen dramatically compared to previous quarters.
Broader market context shows that RDB Real Estate's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.87% over the past week. The stock's impressive 10.31% gain over the same period highlights its strong performance relative to the market. However, the falling investor participation, as indicated by a 63.95% decline in delivery volume, raises concerns about the sustainability of this upward trend. While the stock's recent gains are notable, the underlying financial weaknesses and declining investor interest suggest that caution may be warranted moving forward.